Nigeria's agency NEITI teams up with EFCC to recover billions owed by oil firms to the government.
Nigeria's transparency agency, NEITI, is collaborating with the EFCC to recover $6 billion and N66 billion from oil firms owed to the federal government. NEITI has already recovered over $3.7 billion from previous reports. The agency's proposed 2025 budget of N6.5 billion for reports, audits, and research is under scrutiny by lawmakers who emphasize prudent spending amid economic challenges.
2 months ago
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